Regulatory Alerts2012-01-13
Notice Relating to Filing of Annual Returns and Other Documents for the Fiscal Year Ended December 31, 2011 – Insurers of Persons Licensed in Québec
The Autorité des marchés financiers mandates electronic filing of all statutory disclosures for Québec-licensed insurers through its File Transfer Service, eliminating most paper submissions effective December 1, 2011. Insurers must submit a new mandatory Attestation of Compliance of Versions alongside updated IFRS-aligned forms while retaining specific signed paper documents at their premises. Administrative monetary sanctions will be enforced for late or missing filings starting January 1, 2012.
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